The Lawyer's Daily is now Law360 Canada. Click here to learn more.

Story image

SCC slashes damages award against Deloitte, cuts scope of auditor’s liability in Livent case

Wednesday, December 20, 2017 @ 5:21 PM | By Cristin Schmitz

In a 4-3 decision on the liability of auditors for negligent misrepresentation, the Supreme Court has slashed from $85 million to $40.5 million (plus interest) the damages that Deloitte LLP must...